Probabilistic interpretation of the present value of cash flow

The question of assessing the current value of the flow of future earnings in the scientific literature worked out very carefully. A key factor in assessing a discounted rate, usually defined as the weighted average cost of capital invested. However, it is possible different perspective on the relat...

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Bibliographic Details
Main Author: I A Smarzhevsky
Format: Article
Language:English
Published: Peoples’ Friendship University of Russia (RUDN University) 2011-06-01
Series:RUDN Journal of Economics
Subjects:
Online Access:http://journals.rudn.ru/economics/article/view/11876